Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) Sees Large Decline in Short Interest

Sega Sammy Holdings Inc. (OTCMKTS:SGAMY) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 6,017 shares, a decrease of 58.3% from the September 30th total of 14,426 shares. Based on an average daily volume of 2,580 shares, the days-to-cover ratio is presently 2.3 days.

Sega Sammy Trading Down 4.9%

Shares of SGAMY stock opened at $4.85 on Friday. The business’s 50 day moving average is $4.96 and its two-hundred day moving average is $4.15. Sega Sammy has a 12-month low of $3.20 and a 12-month high of $5.35.

Sega Sammy (OTCMKTS:SGAMY) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $601.69 million during the quarter, compared to analyst estimates of $604.66 million.

Sega Sammy Company Profile

Sega Sammy Holdings Inc is a Japanese entertainment group formed in 2004 through the integration of Sega Corporation and Sammy Corporation. The company operates through businesses focused on entertainment content, pachislot and pachinko machines, and resort development.

Through Sega and its affiliated companies, Sega Sammy develops and publishes console, PC, mobile and arcade video games. Its portfolio includes internationally recognized franchises such as Sonic the Hedgehog, Like a Dragon, Persona and Total War, as well as related animation, film, merchandising and other entertainment content.